Thermo Fisher Scientific Inc (TMO) — Cash Flow Quality Index
Thermo Fisher Scientific Inc (TMO) has a Cash Flow Quality Index of 1.38x as of September 2025. Operating cash flow of $2.24 Billion exceeds net income of $1.62 Billion, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Thermo Fisher Scientific Inc to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Thermo Fisher Scientific Inc Cash Flow Quality Index (1989–2024)
Historical Cash Flow Quality Index for Thermo Fisher Scientific Inc across 33 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TMO cash flow metrics.
Annual Cash Flow Quality Index for Thermo Fisher Scientific Inc (1989–2024)
Year-by-year earnings quality comparison for Thermo Fisher Scientific Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.37x | $8.67 Billion | $6.34 Billion | ▼ -2.5% |
| 2023 | 1.40x | $8.41 Billion | $6.00 Billion | ▲ +6.6% |
| 2022 | 1.32x | $9.15 Billion | $6.96 Billion | ▲ +6.5% |
| 2021 | 1.23x | $9.54 Billion | $7.73 Billion | ▼ -5.0% |
| 2020 | 1.30x | $8.29 Billion | $6.38 Billion | ▼ -3.4% |
| 2019 | 1.35x | $4.97 Billion | $3.70 Billion | ▼ -13.0% |
| 2018 | 1.55x | $4.54 Billion | $2.94 Billion | ▼ -14.0% |
| 2017 | 1.80x | $4.00 Billion | $2.23 Billion | ▲ +15.3% |
| 2016 | 1.56x | $3.16 Billion | $2.03 Billion | ▲ +9.6% |
| 2015 | 1.42x | $2.82 Billion | $1.98 Billion | ▲ +2.9% |
| 2014 | 1.38x | $2.62 Billion | $1.90 Billion | ▼ -12.1% |
| 2013 | 1.57x | $2.01 Billion | $1.28 Billion | ▼ -3.0% |
| 2012 | 1.62x | $2.04 Billion | $1.26 Billion | ▼ -2.3% |
| 2011 | 1.66x | $1.69 Billion | $1.02 Billion | ▲ +14.4% |
| 2010 | 1.45x | $1.50 Billion | $1.03 Billion | ▼ -25.6% |
| 2009 | 1.95x | $1.66 Billion | $851.30 Million | ▲ +35.7% |
| 2008 | 1.44x | $1.42 Billion | $988.70 Million | ▼ -26.3% |
| 2007 | 1.95x | $1.48 Billion | $761.10 Million | ▼ -18.8% |
| 2006 | 2.40x | $405.65 Million | $168.94 Million | ▲ +75.8% |
| 2005 | 1.37x | $270.91 Million | $198.30 Million | ▲ +86.9% |
| 2004 | 0.73x | $264.51 Million | $361.84 Million | ▼ -41.7% |
| 2003 | 1.25x | $216.72 Million | $172.70 Million | ▲ +277.8% |
| 2002 | 0.33x | $102.89 Million | $309.73 Million | ▼ -82.1% |
| 1998 | 1.86x | $328.50 Million | $176.80 Million | ▲ +65.3% |
| 1997 | 1.12x | $269.00 Million | $239.30 Million | ▼ -4.5% |
| 1996 | 1.18x | $224.50 Million | $190.80 Million | ▼ -15.3% |
| 1995 | 1.39x | $194.60 Million | $140.10 Million | ▼ -29.7% |
| 1994 | 1.97x | $204.20 Million | $103.40 Million | ▲ +19.4% |
| 1993 | 1.65x | $126.70 Million | $76.60 Million | ▲ +82.6% |
| 1992 | 0.91x | $54.90 Million | $60.60 Million | ▲ +85.5% |
| 1991 | 0.49x | $23.00 Million | $47.10 Million | ▼ -11.0% |
| 1990 | 0.55x | $18.60 Million | $33.90 Million | ▼ -71.6% |
| 1989 | 1.93x | $47.60 Million | $24.60 Million | — |